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U.S.-China Trade Standoff Intensifies as Leaders Refuse to Back Down
Economic and military tensions grow, with Beijing facing slow growth, high unemployment, and limited domestic consumption, while the U.S. strengthens its Pacific presence.
Economic and military tensions grow, with Beijing facing slow growth, high unemployment, and limited domestic consumption, while the U.S. strengthens its Pacific presence.
O’Leary urges negotiations for a fair trade deal, emphasizing the importance of accountability while maintaining trade relations.
Foreign direct investment in China dropped sharply from $189 billion in 2022 to $116 billion in 2023, with skepticism growing due to tightening regulations and unpredictable policies.
U.S.-China trade war escalates with higher tariffs and mutual accusations over the fentanyl crisis.
Apple, Google, and Oracle risk penalties if they continue supporting TikTok after January 19, while ByteDance has yet to make progress on divesting the platform.
Beyond sanctions, China is leveraging economic tools like export restrictions on critical minerals, showcasing its ability to influence global trade amidst ongoing geopolitical disputes.
Economic tensions remain high, with U.S. officials urging China to curb overproduction and address financial risks, while both nations acknowledge the importance of financial stability in their interconnected economies.
A 62-year-old man, Fan Weiqiu, was sentenced to death after deliberately driving into a crowd in Zhuhai, China, killing 35 people and injuring 43 others in retaliation over a divorce settlement.